Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Shares Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) by 100.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 460,315 shares of the company's stock after buying an additional 231,007 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.39% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $5,496,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in LOMA. Systrade AG purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at about $143,000. SG Americas Securities LLC purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter worth $109,000. JGP Global Gestao de Recursos Ltda. acquired a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter worth about $785,000. Activest Wealth Management raised its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 8,478.9% in the fourth quarter. Activest Wealth Management now owns 167,975 shares of the company's stock worth $2,006,000 after purchasing an additional 166,017 shares during the last quarter. Finally, INCA Investments LLC acquired a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter valued at approximately $8,986,000. 19.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LOMA has been the subject of a number of research reports. Itau BBA Securities upgraded shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "market perform" rating to an "outperform" rating and set a $14.20 target price for the company in a research report on Monday, May 12th. Bank of America raised shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "neutral" rating to a "buy" rating and lifted their target price for the company from $11.50 to $14.00 in a report on Wednesday, April 23rd. Finally, Morgan Stanley upgraded shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $13.00 to $15.00 in a research report on Tuesday.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

Shares of NYSE:LOMA traded up $0.17 during midday trading on Thursday, reaching $13.18. 53,630 shares of the company's stock traded hands, compared to its average volume of 494,048. The company has a fifty day simple moving average of $11.09 and a two-hundred day simple moving average of $11.37. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.70 and a 1 year high of $13.79. The company has a market cap of $1.54 billion, a P/E ratio of 22.31 and a beta of 1.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.05. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.42% and a return on equity of 8.60%. The business had revenue of $135.42 billion for the quarter, compared to analyst estimates of $151 billion. Equities analysts predict that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 1.25 EPS for the current fiscal year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.